Finance News – Australia
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Can Labor keep everyone happy on gas? Its Woodside decision will reveal all
The upcoming determination on Woodside Energy’s project extension will have important economic implications, impacting multiple stakeholders concerned about energy supply, costs, a...
Read Full Article →ASX Runners of the Week: XPON, Locksley, DY6 Metals & Arizona
XPON Technologies Group’s recent acquisition of a prominent Australian digital marketing firm is expected to enhance its revenue streams and potentially strengthen its financial po...
Read Full Article →King River to test encouraging IOCG copper-gold targets in NT
King River Resources' recent acquisition of a new exploration licence encompassing the Kurundi gold prospect could enhance the company's potential for valuable copper and gold disc...
Read Full Article →‘Lucky country’: The unintended consequences of the Trumpian tariff storm
Australia’s relative economic resilience during international trade disruptions highlights potential benefits, yet ongoing uncertainties suggest that this advantageous position may...
Read Full Article →Macquarie chief’s pay cut to $24m as ‘millionaires’ factory’ rakes in $3.7b
Macquarie's recent profit announcement highlighted substantial earnings alongside a reduction in the chief executive's compensation to $24 million, reflecting ongoing financial gro...
Read Full Article →Macquarie chief’s pay cut as bank rakes in $3.7 billion
Despite the company generating substantial earnings of $3.7 billion, the chief executive’s compensation decreased due to a board decision to lower the portion of profits allocated...
Read Full Article →Trump floats dropping China tariffs to 80 per cent ahead of talks
Reducing tariffs on Chinese goods could impact trade balances and market dynamics as key diplomatic discussions between the United States and China approach, signaling potential sh...
Read Full Article →Landlords look to office lobby facelifts to win over workers
Investing $25 million in renovating the Collins Place lobby aims to enhance the building’s appeal, potentially increasing tenant satisfaction and boosting the property’s long-term...
Read Full Article →ASX set for flat open; US stocks gain as Trump says ‘buy’ before China talks
The Australian sharemarket is expected to open with little movement despite gains in US stocks following positive remarks from Donald Trump regarding upcoming negotiations with Chi...
Read Full Article →Volunteer firefighters launch protest against Allan's 'horrendous' tax
The proposed new levy introduced by the Allan government has prompted demonstrations from CFA volunteers and farmers, highlighting concerns about its potential economic impact on l...
Read Full Article →Man who stole thousands from Flight Centre facing extradition to ACT
The individual accused of repeatedly evading court appearances is now subject to extradition, highlighting the potential recovery and legal consequences related to significant mone...
Read Full Article →'Horrendously expensive' interstate shipping denies farmers lifeline
High costs associated with domestic sea freight create significant barriers for farmers in drought-affected regions, making it more economical to export grain internationally than...
Read Full Article →Live: First Trump tariff deal boosts US shares but ASX set for flat start
The recent trade agreement between the US and the UK has contributed to a rise in American stock markets, while Australian shares are expected to open with little change.
Read Full Article →US and UK strike deal as Trump slashes tariffs on British steel, cars
The agreement between the US and UK marks a key shift in trade policy, potentially lowering costs for manufacturers and consumers by easing previously imposed duties on steel and a...
Read Full Article →Australia’s biggest gas company roasted for going soft on emissions
Several major investors expressed concern at Woodside’s annual meeting over the company’s approach to emissions, highlighting potential risks that could impact its financial perfor...
Read Full Article →‘Better to be boring’: The secret to this long-serving bank boss’ success
Shayne Elliott emphasizes that maintaining steady performance and preparing for increased market fluctuations are crucial factors contributing to the sustained financial stability...
Read Full Article →Strickland eyes Serbian gold-base metal resource lift after big hits
Strickland’s discovery of a substantial mineralized zone at the Shanac site indicates promising growth prospects that could enhance the overall value of its extensive Serbian gold...
Read Full Article →Tennant uncovers look-alike Top End copper-gold target
The discovery at Bluebird East could potentially enhance Tennant Minerals’ resource base, attracting investment and increasing the company’s valuation due to similarities with an e...
Read Full Article →The Trump iceberg has struck China. America is bracing for it
The ongoing trade tensions initiated by former President Trump have begun impacting China's economy, prompting responsive measures, while the United States is preparing for potenti...
Read Full Article →ASX set to edge up, Fed keeps rates on hold; ANZ posts $3.6b profit, Transurban to cut 300 jobs
Following the Federal Reserve’s decision to maintain interest rates, major Australian companies reported strong earnings and announced workforce reductions, reflecting cautious opt...
Read Full Article →Swiss tariff crisis meeting between China and US may come to naught
The potential meeting between China and the US in Switzerland holds considerable financial importance, as it could influence global markets by addressing ongoing trade tensions and...
Read Full Article →Macquarie Bank's dodgy trading may be 'tip of the iceberg' for industry
Multiple insiders have indicated to the ABC that unethical trading practices are commonly used across the sector to enhance profits, suggesting deeper systemic issues within financ...
Read Full Article →ANZ profit rises as NAB boss tips rate cuts and housing boom
Major financial institutions reported varied earnings this quarter, with one key executive anticipating that lower borrowing costs will support ongoing growth in the property marke...
Read Full Article →Nepotism, financial misconduct claims rock Aboriginal land council
Allegations of improper conduct and financial irregularities within a New South Wales land council have raised concerns about the management of funds and prompted calls for closer...
Read Full Article →Live: ASX set to rise after gains on Wall Street; US Federal Reserve holds rates
Following positive momentum from US markets and the Federal Reserve's decision to maintain current interest rates, the Australian stock exchange is expected to experience an upward...
Read Full Article →Australia's best sports rights in the hands of a Soviet-born, former oil tycoon
Len Blavatnik’s acquisition of major Australian sports broadcasting rights marks a significant investment influenced by international financial backing and political complexities,...
Read Full Article →Buying a house is hard now but it could get much worse
Rising interest rates may significantly increase housing costs, potentially causing property prices to climb sharply before the end of the year, impacting affordability for many bu...
Read Full Article →Marmota inks $1M deal to divest South Australian copper project
Marmota secured a $1 million agreement to transfer ownership of its copper assets in South Australia, allowing the company to reallocate capital toward advancing its gold and titan...
Read Full Article →Macarthur exits Canadian junior bourse to go all-in on ASX listing
Macarthur Minerals’ decision to leave the Canadian market aims to reduce expenses, access a larger local investor pool, and improve trading activity to support its Western Australi...
Read Full Article →Aguia fires up gold processing at high-grade Colombian mine
Aguia is gradually increasing ore extraction at its Colombian Santa Barbara site and initiating drilling activities aimed at enhancing gold output, which could positively impact th...
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